Mergers & acquisitions (M&A)
Oval and Giles management changes sign of wider consolidator shake-up
The change at the top at Oval has been a "long time coming", it was claimed this week, during a 24-hour period that saw another shake-up at rival consolidator Giles result in managing director Sarah Lyons being placed "on leave" amid "contractual issues".
CNA to acquire Hardy
US commercial insurer CNA is to acquire Lloyd's insurer Hardy Underwriting.
Andrew Holman targets steady international growth
Plans to expand the international book at John Holman & Sons are underway, with two more deals expected to be added to that of the non-marine business acquired from London Market Insurance Brokers.
Holman's snaps up LMIB business in international push
Independent Lloyd's broker John Holman & Sons has acquired the non-marine business of London Market Insurance Brokers in a bid to boost its international book.
Cunningham Lindsey staff told investors seeking buyer for loss adjuster
Global claims management group Cunningham Lindsey has told staff that its investors are looking to find a new owner for the business, Postonline understands.
Towergate boosts merger management with Saulter appointment
Towergate Insurance has upped the ante on takeovers by bringing in Towergate Financial chief executive Dan Saulter, pictured, as group mergers and acquisitions director.
No rating impact on QBE after HSBC acquisitions
QBE Insurance Group's ratings will not be affected by the proposed acquisition of HSBC Holdings' general insurance businesses in Argentina and Hong Kong.
County Insurance boss lines up early acquisition delivery
Ambitious north west broker County Insurance could be in line to deliver on its five-year plan of landing ten acquisition targets ahead of schedule, with two early purchases expected to be tied up within two months.
Generali sells 69.1% of Israeli Migdal for €835m
The Generali Group has agreed to sell its entire 69.1% holding in Migdal Insurance and Financial Holdings to Shlomo Eliahu, founder and controlling shareholder of the Israeli financial Group Eliahu.
A winning combination: interview with Paulino Fajardo and David Pollitt
Davies Arnold Cooper and Beachcroft merged in late 2011 under the DAC Beachcroft banner. Paulino Fajardo and David Pollitt discuss the tie-up and their plans for the future.
County Insurance hires law firm to advise on broker acquisition spree
The goal set by bosses at the County Insurance Group of buying 10 new brokers over the next five years has moved a stage closer following the appointment of Harrison Drury to advise on a regional acquisition spree.
Arch acquires Ariel Re's Zurich-based credit business
Arch Capital Group is to acquire Ariel Re's Credit & Surety reinsurance operations based in Zurich.
Markel buys Quay to launch into fine art
Markel International is to launch a fine art and collectibles niche range after buying Dorset managing agent Quay Underwriting's portfolio of business.
Post magazine – 1 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Towergate makes two acquisitions
Towergate Insurance has acquired Centenary Insurance and William Rogers Insurance Brokers.
Chester broking boss eases client fears following purchase of stricken rival
Chester-based broker Risk Services has forged the largest independent firm in the city following the purchase of former rival Astbury Wren, days after it went into administration.
Mapfre and CEA join forces to target French travel market
Mapfre Asistencia has signed a strategic agreement with French firm Compagnie Européenne d'Assurances for joint operations in the French travel insurance sector.
Interview: Opportunity knocks for Capita's Brent Escott
Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.
High Net Worth: Opportunities abound to target the top
Despite the economic conditions, high net worth insurance continues to thrive. But will this lead to a host of new entrants in the market?
Axa buys into HSBC's insurance arm
Axa is said to have bought at least a stake in the non-life insurance business of HSBC and is expected to disclose the transaction details this week.
THB buys AFL commercial wholesale account
THB has acquired AFL Insurance Brokers' UK commercial wholesale account.
Bollington reshuffles management team as private equity speculation increases
Joe and Stephen Wall have both left the Groupama-owned firm
Editor's Comment: RBSI takes the Direct approach
The news that Royal Bank of Scotland Insurance is to use the Direct Line brand comes as little surprise.
In Series On Data: A rounded opinion
While full credit data is not available for insurers to use for underwriting, are they missing a trick not using it for credit assessment?